Visit the Association of Certified Fraud Examiners Website at cfenet.com. Research the fraud facts (refer to the 2006 Report to the Nation, see fraud resource center—under publications—Report to the Nation) presented at this site and fill in the blanks in the following statements.

I. It is estimated that___% of U.S. organizations’ revenues are lost as a result of occupational fraud and abuse. Applied to the U.S. gross domestic product, this translates to losses of approximately ? billion.
2. Small businesses are the most vulnerable to occupational fraud and abuse. The average scheme in a small business causes $ in losses. The average scheme in the largest companies costs ? :
3. The most common method for detecting occupational fraud is through tips from
vendors, and anonymous sources. The second most common method of discovery is
4. The typical occupational fraud perpetrator is a first-time offender. Only ____? of occupational fraudsters in this study were known to have prior convictions for fraud-related offenses.
5. All occupational frauds fall into one of three categories:___ , corruption, or __ statements.
6. Over ___% of occupational frauds involve asset misappropriations. Cash is the targeted asset ___% of the time.
7. Corruption schemes account for ___% of all occupational frauds, and they cause over ?___ in losses, on average.
8. Fraudulent statements are the most costly form of occupational fraud with median losses of ?____ million per scheme.
9. Frauds committed by employees cause median losses of ?___, while frauds committed by owners cause median losses of ?__.
10. Losses caused by perpetrators older than 60 are__ times higher than losses caused by employees 25 and younger.